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28th regime: harmonisation across the single market must be a priority
Tuesday 23 June 2026
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In its parliamentary submission on the European Commission’s proposed regulation introducing the new company form "EU Inc.", Confindustria advocates a fully harmonised and digital legal framework to promote business growth within the single market.
La European Commission presented the proposal for a regulation COM(2026)321, which introduces a new European corporate legal framework designed as a 28th scheme, as it would complement the twenty-seven existing national company law regimes in the Member States.
Specifically, this is a new type of company, the so-called EU Inc., which is optional and harmonised, with liability limited to the company’s assets, featuring modular and digitalised procedures, designed primarily for start-ups and scale-ups but open to all entrepreneurs and businesses in all Member States and in the countries of the European Economic Area.
The key points highlighted by Confindustria
In his parliamentary record, Confindustria welcomes the initiative and identifies the key elements that should be retained:
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maximum harmonisation through a regulation, with references to national law kept to a minimum;
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multilingual model articles of association, which strike a balance between the flexibility of bespoke articles of association and a standardised framework that prevents the proliferation of divergent models;
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a subjective field open to any entrepreneur or business;
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the digital-only approach and the ‘once-only’ principle;
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a focus on company law, whilst avoiding the introduction of specific labour law provisions or simplified winding-up procedures that would lead to overlaps and legal uncertainty.
The Commission’s proposal is now being examined by the European Parliament and the Council of the EU, with the aim of securing final approval of the regulation by the end of the year.
